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Jul 11, 2011
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they have a small percentage of what we're wasting trying to build infrastructure in afghanistan. the notion that the $90 million more that we need for the cftc because of the deficit is nonsense. they want to turn the sec into a profit center. you have a catch-22. first denied the sec and the cftc adequate funding. they in turn will not be able to deal with the rulemaking requirements that they have. because they have not been able to move as quickly on the rolls, the rules have to be abolished. that is something they have imposed. you want the sec and the cftc to have smart people and good information technology. this does not come from the financial institutions. got the rules,, you m will run.e the other problem we have is i have been disappointed in the appointments from the obama administration. we knew last august that the comptroller of the currency had to be appointed but they only now come up with tom curry. the failure of pointing -- appointing someone to the cftb. a bank manager was brutally rejected. he was a disrespectful person by the republicans and now they will c
they have a small percentage of what we're wasting trying to build infrastructure in afghanistan. the notion that the $90 million more that we need for the cftc because of the deficit is nonsense. they want to turn the sec into a profit center. you have a catch-22. first denied the sec and the cftc adequate funding. they in turn will not be able to deal with the rulemaking requirements that they have. because they have not been able to move as quickly on the rolls, the rules have to be...
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Jul 3, 2011
07/11
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what is it. >> poor economy. >> afghanistan, iraq. >> afghanistan off page one. iraq is on page one? >> in the ends of july, this is going to be up this big on page one finish they're in the deal. he's got to -- [everyone talking at once] >> unemployment rate on page one! >> if the unemployment rate comes out high, it will be the lead story in the newspaper, john. >> it will dominate the story that we just had? >> it will dominate if for a couple days. >> there will be a deal. >> there will be a deal? >> and there will be a deal and neither side will be happy. each side will give the other side something. they're -- >> not the taxes. that won't be part of the deal. taxes will not be part of the deal. >> what do you 90. >> tax revenues -- [everyone talking at once] >> they'll find something, i think, to agree on finally. i don't know whether it will be on august 2 or august 5th. but unemployment rate is not off the front pages. unemployment is -- on the number-one issue in 20% of american names. you have the biggest unemployment we've had since the great despres i
what is it. >> poor economy. >> afghanistan, iraq. >> afghanistan off page one. iraq is on page one? >> in the ends of july, this is going to be up this big on page one finish they're in the deal. he's got to -- [everyone talking at once] >> unemployment rate on page one! >> if the unemployment rate comes out high, it will be the lead story in the newspaper, john. >> it will dominate the story that we just had? >> it will dominate if for a couple...
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Jul 20, 2011
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you know, people who think we can continue to spend tens and tens of billions of dollars in iraq and afghanistan, over a hundred million a year, pour be money into corruption that doesn't help. they can't find 150 or 200 million to regulate derivative. today, this afternoon, a few hours ago, they voted in committee and i think people will be astonished by this. to reduce the legal liability we try to put on the rating agencies. the rating agents are a big part of this problem. paid by the people who are issuing the security and they gave me outlandishing favorable ratings that turn out to be accurate. we said, if you put a rating into a perspective, if i said to you, sharpton, can you guy this and here is what moody's or standard & poor's said about that, they say no -- >> they just voted to repeal that so you can't vote for having misinformation on that? >> it would be much harder. you have to show, al, that they were knowingly reckless. the fact that they were dead wrong, sloppy, careless and you put your money in and bought something worthless, that won't let you do it. you have to -- go thro
you know, people who think we can continue to spend tens and tens of billions of dollars in iraq and afghanistan, over a hundred million a year, pour be money into corruption that doesn't help. they can't find 150 or 200 million to regulate derivative. today, this afternoon, a few hours ago, they voted in committee and i think people will be astonished by this. to reduce the legal liability we try to put on the rating agencies. the rating agents are a big part of this problem. paid by the...
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Jul 27, 2011
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won't have the snappy dialogue we're used to here in the states, but it is expected to premiere in afghanistan's largest television network, so there is that. while i'm not totally convinced that they'll be able to care the michael scold torch, i do have a bigger concern. who will play dwight? >>> next, beer brats and business advice. we'll take you into the man cave. ♪ born to be wild uh-huh. jeff! honey, i can't walk any faster. [ female announcer ] oscar mayer deli fresh turkey comes in a clear pack... [ cellphone beeps ] [ jeff ] ooh. thanks hun! [ female announcer ] ...so the freshness you see is what you taste. ♪ it doesn't get better than this ♪ [ female announcer ] ...so the freshness you see is what you taste. purina cat chow helps you well-being. we're all striving for it. nurture it in your cat with a full family of excellent nutrition and helpful resources. purina cat chow. share a better life. at liberty mutual, we know how much you count on your car and how much the people in your life count on you. that's why we offer accident forgiveness, man: good job. where your price won
won't have the snappy dialogue we're used to here in the states, but it is expected to premiere in afghanistan's largest television network, so there is that. while i'm not totally convinced that they'll be able to care the michael scold torch, i do have a bigger concern. who will play dwight? >>> next, beer brats and business advice. we'll take you into the man cave. ♪ born to be wild uh-huh. jeff! honey, i can't walk any faster. [ female announcer ] oscar mayer deli fresh turkey...
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Jul 26, 2011
07/11
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it includes savings from winding down the wars in iraq and afghanistan. these are real savings that cbo scores at about $1 trillion. we know that some republicans will quibble over these savings but they have no leg to stand on. but wars are the second biggest policy driver of our deficits after the bush tax cut for the conduct and the worst ads to our debt, to is undeniable that winding down the war's delivers savings. the administration tells us with the wind down, they can't prosecute -- they can count on billions of dollars over the next decade the cbo count $1.67 trillion. we know the republicans agree theythis mstath because included the same settings in the ryan budget that passed the house. they never criticized that accounting and it is hard to see how they could do so now. lastly, senator reid's proposal allows for a joint committee that has the potential to achieve deeper savings down the road. all in all, this is an offer that republicans cannot refuse. all of the cuts in center repots proposal have been supported at one point or another by re
it includes savings from winding down the wars in iraq and afghanistan. these are real savings that cbo scores at about $1 trillion. we know that some republicans will quibble over these savings but they have no leg to stand on. but wars are the second biggest policy driver of our deficits after the bush tax cut for the conduct and the worst ads to our debt, to is undeniable that winding down the war's delivers savings. the administration tells us with the wind down, they can't prosecute --...
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Jul 30, 2011
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we have a tax cut that includes getting out of afghanistan and iraq, you oppose the high-end tax cuts and leave social security and medicare alone. one thing that bothers me, they talk about shared sacrifice. i don't think it's shared sacrifice saying somebody making $700,000 a year has to pay a few thousand more taxes, but a 90-year-old woman has to get tax increases. she shouldn't be a part of it. if they leave open the tax question we can accept, i'll accept and vote for more severe reductions in housing and education and the environment i would ideally like. that's a deal that is not fun for anybody. responsible people can support. it can only happen if mcconnell and reid will compromise. will john boehner stand up to his right wing and join us in an effort to make it whole. >> barney frank, i appreciate your time. speaker boehner's speech made it clear. what about the impact of his propo proposed legislation to his own district? >>> welcome back to "the ed show." let's take a closer look what john boehner's bill will do in your own backyard. he represents the 8th district in ohio
we have a tax cut that includes getting out of afghanistan and iraq, you oppose the high-end tax cuts and leave social security and medicare alone. one thing that bothers me, they talk about shared sacrifice. i don't think it's shared sacrifice saying somebody making $700,000 a year has to pay a few thousand more taxes, but a 90-year-old woman has to get tax increases. she shouldn't be a part of it. if they leave open the tax question we can accept, i'll accept and vote for more severe...
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Jul 28, 2011
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first of all, the savings gleaned by winding down the borders and afghanistan -- te borders and afghanistan -- te war -- the wars in afghanistan, social e -- to slash security benefits or education spending. you would then count that as a savings. paul ryan, when he submitted his budget -- this is the result. any policy decision you make is a choice of how much money to spend, and that is what these decisions are. are we going to save $1 trillion because of the policy decisions of this president? i would say yes, and i encourage you to write and talk about it. they are good decisions for fiscal health. they are legitimate. they're part of any serious they're part of any serious bipartisan compromise . we have identified, in great detail, significant spending cuts in domestic spending cuts. extraordinarily difficult savings and entitlement programs that we would be willing, the president would be willing to make a case to his own party in the name of accomplishing something very big. it would fix this problem for a long time and put us on sound economic footing in the twenty first century. t
first of all, the savings gleaned by winding down the borders and afghanistan -- te borders and afghanistan -- te war -- the wars in afghanistan, social e -- to slash security benefits or education spending. you would then count that as a savings. paul ryan, when he submitted his budget -- this is the result. any policy decision you make is a choice of how much money to spend, and that is what these decisions are. are we going to save $1 trillion because of the policy decisions of this...
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Jul 25, 2011
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today harry reid counting savings in his plan from our drawdown in iraq and afghanistan. that sounds good. banking and expected trillion dollars that won't be spent when we withdraw from iraq and afghanistan. the only number crunchers say think can get that is with withdrawals. the plan is raising broader questions about our role in the middle east. the future in the region, and every president's propensity to proclaim their desire to get us out of the middle east while escalating and investing war in oil-richç monarchies that we depend on or energy resources. our specialist today, an award-winning journalist who spent four decades coving terrorism, turmoil and most recently the drive for democracy in the islamic world. her new book "rock the casbah" documenting you new counterjihad. we welcome you to the conversation. tell wlaus a countergee shaud? >> the most important wave of empowerment in the early 21st century. we soo it play out in the uprising across the arab world but also happen kind of culture change, ridiculing extremists. plays out among playwrighting and p
today harry reid counting savings in his plan from our drawdown in iraq and afghanistan. that sounds good. banking and expected trillion dollars that won't be spent when we withdraw from iraq and afghanistan. the only number crunchers say think can get that is with withdrawals. the plan is raising broader questions about our role in the middle east. the future in the region, and every president's propensity to proclaim their desire to get us out of the middle east while escalating and investing...
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Jul 9, 2011
07/11
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draw down afghanistan and the war in iraq. that saves money. the other one retitive systems. the f35, there was a dual engine, the projects 15, 20 years. it was killed in the 2011 budget deal. john boehner cared about that, built outside of his district. he let that stay. individual pjects like that ll go operational costs will come down. gates hada big role in yes, did. >> gohead. >>ea i think they'll center to try to cut the @@defense buet by, i don't know,@0 -- 50, 100 billion, dollars00 billion is the numbe" i've seen over 10 years. >> okay with reducing the budget? >> yes. >>worry you? >> china -- >> if we don't maintain a@ position of worl military superiority we won't be the number one in the@wod, check? >> if we let our economy down the toilet, we won't be number one in the world@either. and we cat afford this! >> we're not number one militaly in the world -- in @@ our -- in our circumstances. we will still -] @@not be the number one [everyone talki at once] worlds power? next 15 countries we'll still power. number one military [everyone talking at once]@@ >> nal powe
draw down afghanistan and the war in iraq. that saves money. the other one retitive systems. the f35, there was a dual engine, the projects 15, 20 years. it was killed in the 2011 budget deal. john boehner cared about that, built outside of his district. he let that stay. individual pjects like that ll go operational costs will come down. gates hada big role in yes, did. >> gohead. >>ea i think they'll center to try to cut the @@defense buet by, i don't know,@0 -- 50, 100 billion,...
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Jul 26, 2011
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contracts fund here in afghanistan. the nature of contracting and subcontracting is something that's difficult to uncover on its own. here in afghanistan with the different interlocking tribal allegiances and the variety of different firms that are operating down here makes it very difficult to track this money both in trucking and in other industries generally. manisha? >> i'm sure, though, that american taxpayers will be pleased at least this investigation is going on. we'll leave it there. david ariosto in kabul. charles. >>> this the "world business today." the hotel maid allegedly sexually assaulted by the former chief of the international monetary fund is speaking out. we'll hear from her today. with. acuvue® oasys for astigmatism. he said it's the only lens of its kind designed to realign naturally with every blink and created with hydraclear® plus. i'm seeing more clearly, crisply, comfortably, all day long. now life doesn't have to be a blur. [ male announcer ] learn more at acuvue.com. acuvue® oasys for ast
contracts fund here in afghanistan. the nature of contracting and subcontracting is something that's difficult to uncover on its own. here in afghanistan with the different interlocking tribal allegiances and the variety of different firms that are operating down here makes it very difficult to track this money both in trucking and in other industries generally. manisha? >> i'm sure, though, that american taxpayers will be pleased at least this investigation is going on. we'll leave it...
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Jul 12, 2011
07/11
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you count savings from withdrawal of troops, from afghanistan and from iraq. you have some other defense cuts can, you have a whole bunch of discretionary cuts. you do some little things on mandatory programs that are not social security or medicare. and so then the deal gets done and some ofhese big questions on medicare and taxes get saved for the 2012 campaign. on the other hand, whenou read quotes which you occasionally read, from congressional staffers, republican staff are saying, you know, ybe a showdown in whiche don't get this deal isn't the worst thing. that does make you wonder how many people within congress think that actually no deal would be better than a deal. and my colleague david brooks argues that that would be very bad for the republicans politically. i'm not so sure about that. there is only one president and there's only one ecomy and i think there's a chance that chaos and no deal actually hurts the white house and to the extent that the republicans agree with that, then we could be in for a really dicey couple of months. >> rose: thank
you count savings from withdrawal of troops, from afghanistan and from iraq. you have some other defense cuts can, you have a whole bunch of discretionary cuts. you do some little things on mandatory programs that are not social security or medicare. and so then the deal gets done and some ofhese big questions on medicare and taxes get saved for the 2012 campaign. on the other hand, whenou read quotes which you occasionally read, from congressional staffers, republican staff are saying, you...
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Jul 25, 2011
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part -- the other factor is that we are now drawing down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of the plan that we've been operating on for a long time. $150 billion for the war is not baseline expenditure of the united states. it was never projected to continue at that level, so hopefully we could bring it below $50 billion. maybe we went get to $50 billion. i don't know. but what is the reasonable estimate? i think the house republicans and the president said it would drop to $50 billion, and that would be the baseline out there for the rest of the time. that's $1 trillion. that's $1 trillion. so you take $1 trillion out of the $2.7 trillion, you're down to $1.7 trillion. and another thing that's scored in that, since that $1 trillion in war costs is score
part -- the other factor is that we are now drawing down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of the plan that we've been operating on for a long time. $150...
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Jul 7, 2011
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police are investigating the case of james phillips and, killed in afghanistan. according to his father, e-mail messages he received after his death had been read. he suspects, by hackers. >> they should suffer whatever punishment is appropriate. i'm sure that will happen. it is going to take time. >> rebecca brooks, picture leading news international tonight. criminal investigation, public inquiries. the scrutiny of what went on at her newspaper could continue for years. >> for more on today's news, i'm joined from london by author and journalist peter preston who was the editor of the guardian for a number of years. if i could start, could you explain to viewers around the world and here in the united states just how big a deal this story is and the latest developments art? >> it was all about celebrities. it was difficult to get the public engaged in that. this week, when it was revealed that the telephone of the 13- year-old murder victim had been packed into and a whole variety of other car stories -- hacked into, and a whole variety of other horror stories
police are investigating the case of james phillips and, killed in afghanistan. according to his father, e-mail messages he received after his death had been read. he suspects, by hackers. >> they should suffer whatever punishment is appropriate. i'm sure that will happen. it is going to take time. >> rebecca brooks, picture leading news international tonight. criminal investigation, public inquiries. the scrutiny of what went on at her newspaper could continue for years. >>...
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Jul 26, 2011
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guest: reid has $1.4 trillion in anticipated cuts from the war in afghanistan and iran. that is something that has already been considered. that is not a real cut predellas already considered before. we thought that we were going to make the spending cuts earlier. so when he throws that end, it is a nonstarter. you'd take that $1.4 trillion yen has cut would only be $1.3 trillion grid and yet they would increase the debt ceiling by almost double that. we believe you do not increase the debt ceiling more than the spending cuts. that just takes us down the same road we have been on, spend more money that you take in, run the printing presses, and keep spending money. host: there are a number conservatives from the house republican study committee that says the speaker does not have my vote. i will not vote for this latest proposal. you so that you're leaning toward yes. what is your bayh's to these younger members, these freshmen members? guest: we're going to sit down as a conference and talk about this. i am one of the founders of the republican study committee. recall t
guest: reid has $1.4 trillion in anticipated cuts from the war in afghanistan and iran. that is something that has already been considered. that is not a real cut predellas already considered before. we thought that we were going to make the spending cuts earlier. so when he throws that end, it is a nonstarter. you'd take that $1.4 trillion yen has cut would only be $1.3 trillion grid and yet they would increase the debt ceiling by almost double that. we believe you do not increase the debt...
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Jul 28, 2011
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>> yeah from this standpoint, safelying we projected we would in the iraq and afghanistan war when we know we are going to be out of there. it is dishonest to say you are going to have savings from something that isn't spent any way. >> greta: what would he said? >> he would probably say the republicans -- the budget never becomes law. if reid's bill would pass it would become law. a budget is nothing than an outline. >> greta: you are saying you did it so we do it? >> probably his argument. >> greta: what do you think the american people would think of that? >> american people are fed up with the partisanship in washington. they want us to reach an agreement. a large share of the calls we've gotten since the president's speech monday night is, just get it done. >> greta: there are a couple of factions. within the republican party in the house, you have the tea party people who say there must be a balanced budget amendment in this bill or we are voting no. that's divided. over here the senate says if the boehner bill comes here it is not likely to pass if it does the president says he
>> yeah from this standpoint, safelying we projected we would in the iraq and afghanistan war when we know we are going to be out of there. it is dishonest to say you are going to have savings from something that isn't spent any way. >> greta: what would he said? >> he would probably say the republicans -- the budget never becomes law. if reid's bill would pass it would become law. a budget is nothing than an outline. >> greta: you are saying you did it so we do it?...
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Jul 30, 2011
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obviously the americans here in afghanistan, very worried about what's going on in washington. many of these men and women haven't seen their families for several months. many won't see them for a full year and they're wondering if those family members are going to be getting those paychecks. they're risking their lives here in afghanistan, and they're wondering why their congressmen and women back home can't come up with a decision and can't help them actually receive their paychecks. alex? >> so, atia, then did they get reassurance at all? >> reporter: well, that was the interesting part. i wasn't actually down in kandahar with them, but from the reporters who were out there, they said admiral mullen didn't really have an answer for them. but what he did say he kind of made a joke out of it and said you should probably write letters to your congressmen and women. and that received chuckles from the crowd, because they realized as well, how ridiculous that is, because they're in a war zone. they're here risking their lives. but at the same time, they're also worried about thei
obviously the americans here in afghanistan, very worried about what's going on in washington. many of these men and women haven't seen their families for several months. many won't see them for a full year and they're wondering if those family members are going to be getting those paychecks. they're risking their lives here in afghanistan, and they're wondering why their congressmen and women back home can't come up with a decision and can't help them actually receive their paychecks. alex?...
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Jul 28, 2011
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they've surrendered in afghanistan. they've lost the war in afghanistan. they're beginning to pull people out of there. after ten years we have not even been able to build a security situation where karzai's main political lieutenants are protected. the mayor of kandahar was just blown up -- >> you know the white house and the defense department would say not that they've lost in afghanistan and many families who've been over there would say no, that's not the case, that they have stabilized things much more than they were before, they got bin laden, they drove a lot of these people back either into the mountains or over to the pakistani side and they're still going to keep mopping them up. that doesn't sound -- it may not sound like victory to many, but it certainly doesn't sound like defeat to others, too. >> well, it's a complete loss, tom. >> why do you say that? >> we will dress it up -- because we will dress it up for the american people as mr. panetta did today, but for 1.4 billion muslims, when the united states leaves afghanistan without accomplis
they've surrendered in afghanistan. they've lost the war in afghanistan. they're beginning to pull people out of there. after ten years we have not even been able to build a security situation where karzai's main political lieutenants are protected. the mayor of kandahar was just blown up -- >> you know the white house and the defense department would say not that they've lost in afghanistan and many families who've been over there would say no, that's not the case, that they have...
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Jul 11, 2011
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is not going to be determined in the prairies of afghanistan. the future of the u.s., whether you want to recognize it or not, is going to be determined by how well prepared we are to compete in a highly competitive 20th -- 20 per century, and that battle is going to be waged across the -- 21st century, and that battle is going to be waged across the ocean. as you walk off of this building, i want you to remember why we are in this race. it is about the generation behind us and the condition they will find our nation in. it is totally unsustainable, the debt trajectory that we are on. and number two, the reality of launching a new industrial revolution, it is within our grasp. it has happened before in our nation's history. problem-solving people can do it again. we need leadership and a game plan. and number three, we have to get our position right in the world. finally, let me say that we need someone who is electable. we have to pull together as a party. if you want to win in 2012, we have to have numbers. this is about addition, ladies and g
is not going to be determined in the prairies of afghanistan. the future of the u.s., whether you want to recognize it or not, is going to be determined by how well prepared we are to compete in a highly competitive 20th -- 20 per century, and that battle is going to be waged across the -- 21st century, and that battle is going to be waged across the ocean. as you walk off of this building, i want you to remember why we are in this race. it is about the generation behind us and the condition...
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Jul 25, 2011
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. >> neil: and the trillions they are talking about is baked into the cake with iraq and afghanistan. >> if i was a betting guy, they have to downgrade. >> neil: interesting. the pressure is on this gentlemen, john boehner, reacting to the president signing onboard harry reid's plan. >> our members have a two-step approach, cutting, spending and avoiding an economic collapse as a result of a default. we believe it is a responsible common sense plan that meets our obligations to the american people. and preserves the full, faith and credit of the united states government. this legislation reflects a bipartisan negotiation over the weekend. with our colleagues in the senate. as a result, of this bipartisan negotiation, i would call this plan less than perfect. but, it does ensure that the spending cuts will be greater than the hike in the debt limit. secondly, there are no tax increases that are part of this plan. it is not cut, cap and balance, but it is built on the principles of cut, cap and balance, that can pass the united states senate, as well as the united states house. time is
. >> neil: and the trillions they are talking about is baked into the cake with iraq and afghanistan. >> if i was a betting guy, they have to downgrade. >> neil: interesting. the pressure is on this gentlemen, john boehner, reacting to the president signing onboard harry reid's plan. >> our members have a two-step approach, cutting, spending and avoiding an economic collapse as a result of a default. we believe it is a responsible common sense plan that meets our...
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Jul 26, 2011
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meanwhile, the nato toll in afghanistan grew by one today. an italian paratrooper was killed in an insurgent attack in the west. so far in july, 44 international troops have been killed in afghanistan. the government of syria endorsed a draft law allowing other political parties to form. the move is part of a series of reforms president bashar al assad and his ruling ba'ath party promised in the face of a popular uprising. but the opposition has dismissed the law as largely symbolic. it came as syrian security forces detained more people in damascus and other cities for holding antigovernment protests. the maid who accused former i.m.f. chief dominique strauss- kahn of sexually assaulting her in a manhattan hotel room broke her silence today. nafissatou diallo told "newsweek," "i want him to go to jail, i want him to know there are some places you cannot use your power." she also told her side of the story in a televised interview with abc news. prosecutors have voiced concerns about her credibility, and are weighing whether to proceed with t
meanwhile, the nato toll in afghanistan grew by one today. an italian paratrooper was killed in an insurgent attack in the west. so far in july, 44 international troops have been killed in afghanistan. the government of syria endorsed a draft law allowing other political parties to form. the move is part of a series of reforms president bashar al assad and his ruling ba'ath party promised in the face of a popular uprising. but the opposition has dismissed the law as largely symbolic. it came as...
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Jul 30, 2011
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barbara, a very dramatic development today in afghanistan. mullen goes there and troops start asking him, troops who are risking their lives fighting for the united states in afghanistan, will they be paid next week? >> these are young troops, wolf, in combat. you and i have covered the pentagon for a long time. they are on the front lines. the chairman of the joint chiefs spend the day in afghanistan. he wants to talk about the war. the troops have a different idea in mind. they want to know will they get paid and will their families be taken care of. this is just the beginning because now with all the talk in washington about money, money, money, the pentagon itself is right in the cross hairs. the pentagon spend nearly $700 billion a year on wars, fighter jets, bombings and bullets. rich target to cut spending to reduce the deficit. president obama's incoming top military advisor is playing ball to an extent. >> if we don't show we recognize that the nation has a significant economic problem and then do our part whatever that part may be t
barbara, a very dramatic development today in afghanistan. mullen goes there and troops start asking him, troops who are risking their lives fighting for the united states in afghanistan, will they be paid next week? >> these are young troops, wolf, in combat. you and i have covered the pentagon for a long time. they are on the front lines. the chairman of the joint chiefs spend the day in afghanistan. he wants to talk about the war. the troops have a different idea in mind. they want to...
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> jon: which came on the heels of an almost absurdly reckless decade with unfunded wars in iraq and afghanistan and unfunded trillion-dollar medical prescription bill and tax cuts for the well they are the largest single policy contributor to our deficit. in fact, i myself voted for all of these... back to my original point. (cheers and applause) obama! now, look, i'm not an economist, but i do have one area of expertise that i believe i can refute speaker boehner on. >> here's what we got for that massive spending binge. a new health care bill that most americans never asked for. a stimulus bill that's more effective in producing material for late-night comedians than it was in producing jobs. (audience reacts). >> jon: no, that is so true! that is so true! 125 that stimulus bill gave us so much material. here's another stimulus humdinger i came up with this morning while i was listening to bloomberg radio. "hey, how about this manufacturing sector with underutilized capacity, huh? am i right? i don't know if we're stimulating demand through increased credit availability or just cutting losses
> jon: which came on the heels of an almost absurdly reckless decade with unfunded wars in iraq and afghanistan and unfunded trillion-dollar medical prescription bill and tax cuts for the well they are the largest single policy contributor to our deficit. in fact, i myself voted for all of these... back to my original point. (cheers and applause) obama! now, look, i'm not an economist, but i do have one area of expertise that i believe i can refute speaker boehner on. >> here's what we...
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the cost of the war in iraq and afghanistan. it this far outpaces anything. just the war costs in the tax cuts alone, what day account for are the debt. the way you get out of this debt is to pile all of this burden on middle income families and senior citizens. they're the most vulnerable. it is just plain wrong. this is outrageous. ..will close with this bi the house of riverses appears to be here. president obama has put a lot on the table. he put some that makes me very uncomfortable. he has gone the extra mile by any objective analysis. we're close to this deadline. these are something that does not recommend a conference bridge a compromise. it was right off a cliff ticket we should not be doing this. we should be finding ways to come together. let's move on. i regret that we are here. we do not even know what the you're going to bring to the floor. i've never experienced a thing like this before. i regret that we are here. i thank you very much for being here. i wish your counterpart were here. >> thank you. >> thank you very much. how many hearings ha
the cost of the war in iraq and afghanistan. it this far outpaces anything. just the war costs in the tax cuts alone, what day account for are the debt. the way you get out of this debt is to pile all of this burden on middle income families and senior citizens. they're the most vulnerable. it is just plain wrong. this is outrageous. ..will close with this bi the house of riverses appears to be here. president obama has put a lot on the table. he put some that makes me very uncomfortable. he...
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breaks of our story national deficit in fact this is the tax breaks and this is the wars in iraq and afghanistan so it's like you know this is this is what's bringing about and then you know this is the recession which would go away if we did away with it away with these things so now when it comes time to do something about this massive tax cut fuel that publicans aren't asking the people who don't benefit the most for a shared sacrifice instead they want poor people students working stiffs and senior citizens to pick up the tab and his speech last night president obama himself now a millionaire from his book sales phrase the question another way. most americans regardless of political party don't understand how we can ask a senior citizen to pay more for her medicare before we ask a corporate general or the oil companies to give up tax breaks that other companies don't get how can we ask a student to pay more for college before we ask his fund managers to stop paying taxes at a lower rate than their secretaries how can we slash funding for education and clean energy before we ask people like m
breaks of our story national deficit in fact this is the tax breaks and this is the wars in iraq and afghanistan so it's like you know this is this is what's bringing about and then you know this is the recession which would go away if we did away with it away with these things so now when it comes time to do something about this massive tax cut fuel that publicans aren't asking the people who don't benefit the most for a shared sacrifice instead they want poor people students working stiffs...
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are the bondholders more important than the sergeant in afghanistan? that's a tough decision to make. those are the kinds of choices that have to be made, the kind of contingency plans that the treasury is mapping out today. it really terribly dangerous. >> let me ask you, before i turn to bigger issues, what are the political consequences for the president, for the speaker of the house, and for those republicans who are taking a hard-line in the house of representatives? >> well, i mean, i think the president believes that because public opinion is more on his side than on the republican de, particularly on the shape of a big plan or who has been less willing to compromise, that they feel that almost any outcome is likely to be beneficial to the president politically. i think that when he went on the tv on monday night, his speech was aimed at the independence that the white house is -- independents that the white house is so focused on to convince them he's the reasonable player in this. i'm not sure that that's necessarily the case when we come out
are the bondholders more important than the sergeant in afghanistan? that's a tough decision to make. those are the kinds of choices that have to be made, the kind of contingency plans that the treasury is mapping out today. it really terribly dangerous. >> let me ask you, before i turn to bigger issues, what are the political consequences for the president, for the speaker of the house, and for those republicans who are taking a hard-line in the house of representatives? >> well, i...
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talk about afghanistan. the thing that confused or upset me, a lot of people with questions about afghanistan, even after the phased withdrawal, he'll end his presidency with substantially more troop there's than when we went in and it's very hard to see people on any side who can really define what success looks like. i know you've reported extensively on this for your books and "the post" and what do you make of it at this point? >> it's very -- if you step back, it's very unusual what the president's done here. he said we're going to start withdrawing before the end of the war. and if you get military leaders on sodium pen thal truth sear yum and say, ho do you really feel like this, they say, we'll go along because he's the commander in chief. they are dumbfounded that we had a strategy, and an objective, namely, counterinsurgency. protect the people, nation-bidding in nation-bi nation-building in afghanistan. we've gone to a strategy, really, let's get out. so maybe it's going to work, but it could back
talk about afghanistan. the thing that confused or upset me, a lot of people with questions about afghanistan, even after the phased withdrawal, he'll end his presidency with substantially more troop there's than when we went in and it's very hard to see people on any side who can really define what success looks like. i know you've reported extensively on this for your books and "the post" and what do you make of it at this point? >> it's very -- if you step back, it's very...
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taxpayer money may be missing in afghanistan. our pentagon correspondent chris lawrence is here with the details. chris, how is this possible? >> reporter: because of a complete failure of oversight on the parts of the departments of treasury, state and defense, just a complete corruption in afghanistan. look, this federal audit shows that ten years into this war, the u.s. still only has limited visibility over what happens to billions of dollars once we send the money to afghanistan. the inspector general says that makes the money vulnerable not only to fraud but even worse being diverted to insurgents. the u.s. spent more than $70 billion on security and redevelopment in afghanistan, but, again, this audit shows as much as $10 million may be smuggled out of afghanistan every day. how does that happen? whenever afghan government officials leave the country no one checks how much money they are carrying with them. again the audit shows afghan officials have no plans to scan their cash through those electronic currency counters. t
taxpayer money may be missing in afghanistan. our pentagon correspondent chris lawrence is here with the details. chris, how is this possible? >> reporter: because of a complete failure of oversight on the parts of the departments of treasury, state and defense, just a complete corruption in afghanistan. look, this federal audit shows that ten years into this war, the u.s. still only has limited visibility over what happens to billions of dollars once we send the money to afghanistan. the...
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every latinos -- everybody knows we are winding down a war in afghanistan and iraq. days so, here we are six days away, and we still have members of and congress who are saying we have to pass the balanced budgetdmeno heendment to the constitution. t we have members on the other side who are saying we have tode raise taxes. so we have a president of the come united states who so far has refused to come through with a detailed plan of his own. that's called leading from behind.e it's time, it's time we listen e to the markets and listen to ou, but most of all its time we listen to the american people and sit down and seriously negotiate something before we ae face a situation where we are depriving the american people of the fundamental right of havingd a government that doesn't rvices deprive them the essentials dervices, goods and entitlementk which the government. a madam president, i yield the pr, floor.f >> madame president, i am here today with a sense of optimism.g i know all of us are very cntry, concerned about what's happening in the country, the debt ceilin
every latinos -- everybody knows we are winding down a war in afghanistan and iraq. days so, here we are six days away, and we still have members of and congress who are saying we have to pass the balanced budgetdmeno heendment to the constitution. t we have members on the other side who are saying we have tode raise taxes. so we have a president of the come united states who so far has refused to come through with a detailed plan of his own. that's called leading from behind.e it's time, it's...
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we've got all these young people coming back from iraq and afghanistan. have made incredible sacrifices. have taken on incredible responsibilities. you know, you see some 23-year-old who is leading a platoon in hugely dangerous circumstances making decisions, operating complex technologies, these are folks who can perform, but, unfortunately, what we're seeing is that a lot of these young veterans have a higher unemployment rate than people who didn't serve and that makes no sense, so what we would like to do is potentially combine a tax credit for a company that hires veterans with a campaign to have private companies step up and do the right thing and hire more veterans, and one of the things we've done is internally in the federal government, we have minimum wage a huge emphasis on ramping up our outreach to veterans and hiring of veterans, and this has been a top priority of mine. the notion that these folks who are sacrificing for our freedom and our security end up coming home and not being able to find a job i think is unacceptable. >> mr. presiden
we've got all these young people coming back from iraq and afghanistan. have made incredible sacrifices. have taken on incredible responsibilities. you know, you see some 23-year-old who is leading a platoon in hugely dangerous circumstances making decisions, operating complex technologies, these are folks who can perform, but, unfortunately, what we're seeing is that a lot of these young veterans have a higher unemployment rate than people who didn't serve and that makes no sense, so what we...
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police are investigating the case of james phillips and, killed in afghanistan. according to his father, e-mail messages he received after his death had been read. he suspects, by hackers. >> they should suffer whatever punishment is appropriate. i'm sure that will happen. it is going to take time. >> rebecca brooks, picture leading news international tonight. criminal investigation, public inquiries. the scrutiny of what went on at her newspaper could continue for years. >> for more on today's news, i'm joined from london by author and journalist peter preston who was the editor of the guardian for a number of years. if i could start, could you explain to viewers around the world and here in the united states just how big a deal this story is and the latest developments art? >> it was all about celebrities. it was difficult to get the public engaged in that. this week, when it was revealed that the telephone of the 13- year-old murder victim had been packed into and a whole variety of other car stories -- hacked into, and a whole variety of other horror stories
police are investigating the case of james phillips and, killed in afghanistan. according to his father, e-mail messages he received after his death had been read. he suspects, by hackers. >> they should suffer whatever punishment is appropriate. i'm sure that will happen. it is going to take time. >> rebecca brooks, picture leading news international tonight. criminal investigation, public inquiries. the scrutiny of what went on at her newspaper could continue for years. >>...
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. >> -- ask about military strategy or how a troop drawdown in afghanistan would affect them. no. they ask whether they would pay for republicans to force the united states government to stop paying its bills. a region that has been rocked by violence and plagued by suicide bombers this month and wondered how they would take care of their families if the checks stopped coming next month. let me read a little bit of that that came out yesterday. "half a world away from the capitol, capitol hill deadlock, the debt crisis weighs heavily on troops in afghanistan. and the top question on their minds saturday, even as bombings rocked the city around them, was one a top united states military officer couldn't answer -- will we get paid?" admiral mullen went on to say, "i don't know the answer to that question. but either way, those soldiers, all of you must continue to work every day." this is really unacceptable. a country as rich and powerful as ours, men and women with bombs going off arnold them, shouldn't wonder if this country would leave them high and dry. this afternoon i've aske
. >> -- ask about military strategy or how a troop drawdown in afghanistan would affect them. no. they ask whether they would pay for republicans to force the united states government to stop paying its bills. a region that has been rocked by violence and plagued by suicide bombers this month and wondered how they would take care of their families if the checks stopped coming next month. let me read a little bit of that that came out yesterday. "half a world away from the capitol,...